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Forked River 08731
110 Sea Bright Road
$115,500
● House - Off Market

110 Sea Bright Road

Forked River, NJ 08731
bedrooms
1 Bed
bathrooms
1 Bath
square feet
560 Ft²
$174,484
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Move right in.  Charming, affordable & adorable!  This attractive home features an updated eat-in-kitchen , bedroom, living room, full bath & family room.  The family room was originally a second bedroom that can be easily converted back. Newer roof, enormous  fenced yard.  This home offers many possibilities, an affordable shore home, live in this one while you plan your dream home.. The lot is 100 x 100!  Fabulous rental property as well.  Close to all shopping, major roads, tiki bars, marina's, beaches, boardwalks, & more.

Make your appointment today.
Unit Size
560 Ft²
Days on Market
-
Land Size
-
Price per sqft
$213
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MOMLS #21917862)

Price History

Date / Event Date Event Price
Aug 27, 2019 Sold
Premium
Sold
May 1, 2019 Listed by Coldwell Banker Riviera Realty $119,000
Listed by Coldwell Banker Riviera Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 560
  • Building Area: 560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 560
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEASAR J AND MARY F RICCIRDELLI
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732104

Zoning

  • Zoning: R-75

Geography

  • Assessors Map Reference: TAX MAP 4
  • Account Number: 00006941
  • District: 13
  • Parcel: 13 00116-0000-00008
  • Block: 116
  • Lot: 8
  • Municipality: LACEY TWP
  • Latitude: 39.8246
  • Longitude: -74.2001

    Address

  • Full Address: 110 Sea Bright Rd
  • Address - House Number: 110
  • Address - Street Name: Sea Bright
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R010
  • 4-Digit Zip Code: 5139
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,933

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 253,015
  • High Value: 306,044
  • Low Value: 199,986

    Market Valuation

  • Market Total Value: $123,700
  • Market Land Value: $83,000
  • Market Improvement Value: $40,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,700
  • Assessed Land Value: $83,000
  • Assessed Improvements Value: $40,700

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Oct 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 112992
  • Previous Sale Recording Date: Sep 26, 2019
  • Previous Sale Contract Date: Aug 26, 2019
  • Previous Sale Amount: $115,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Forked River

Stats & Trends

Median Asking:

$520,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1552 ft²

Average Home Age

43.3 years

Currently For Sale

41 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 255 Dogwood Lane, FORKED RIVER, NJ, 08731

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,254 ft²
255 Dogwood Lane, FORKED RIVER, NJ, 08731 Listing by Sandra A Bator

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Maria A Rizzo, Coldwell Banker Riviera Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21917862
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 110 Seabright Road built and last sold?
The property at 110 Seabright Road was built in 1960 and last sold on Oct 17, 2022 for $220,000.
How much is this home worth?
The estimated value of the home located at 110 Seabright Road is $0.
What are some comparable homes to 110 Seabright Road?
There are currently no comparable homes to 110 Seabright Road.
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